20,592 Shares in JPMorgan U.S. Quality Factor ETF $JQUA Acquired by Optivise Advisory Services LLC

Optivise Advisory Services LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,592 shares of the company’s stock, valued at approximately $1,237,000.

Several other large investors also recently modified their holdings of the stock. Signaturefd LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 2.2% during the 2nd quarter. Signaturefd LLC now owns 5,501,136 shares of the company’s stock worth $330,343,000 after purchasing an additional 120,933 shares in the last quarter. LPL Financial LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 17.8% during the first quarter. LPL Financial LLC now owns 4,388,159 shares of the company’s stock worth $247,799,000 after buying an additional 661,733 shares in the last quarter. Sage Mountain Advisors LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 8.6% during the second quarter. Sage Mountain Advisors LLC now owns 2,711,715 shares of the company’s stock worth $162,839,000 after buying an additional 215,460 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan U.S. Quality Factor ETF by 22.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,635,935 shares of the company’s stock worth $92,381,000 after buying an additional 305,026 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 4.1% during the first quarter. Commonwealth Equity Services LLC now owns 1,351,512 shares of the company’s stock worth $76,320,000 after buying an additional 53,349 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Down 0.3%

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $62.55 on Tuesday. The company has a market capitalization of $7.42 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. The firm’s 50-day moving average price is $62.55 and its two-hundred day moving average price is $60.37. JPMorgan U.S. Quality Factor ETF has a 12-month low of $49.25 and a 12-month high of $63.74.

About JPMorgan U.S. Quality Factor ETF

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.